Switch 2 and GTA 6 Could Push Gaming Industry to $92.7B by 2027
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- A news report speculates a massive boost of $92.7 billion in the gaming industry by 2027.
- The speculation is based on Nintendo’s console release alongside GTA 6’s debut, which will undoubtedly disrupt the entire market.
- A similar boost occurred during the Covid-19 pandemic.
According to a news report, as shared by Eurogamer, the games industry is expected to receive a $92.7 billion boost by 2027 – prompted by the upcoming launch of the Nintendo Switch 2 alongside GTA 6’s eventual release.
The Nintendo Switch 2 is easily the most anticipated console release in the past decade, a sentiment that rings especially true when considering the widespread success of the original Switch.
With the upcoming handheld costing $449 (USD), the Switch 2’s launch marks a shift in the games industry, with select physical cartridges costing $90 – representing Nintendo’s change in video game pricing structures. Nintendo’s President, Doug Bowser, elaborates more on the controversial increase in video game prices.
Source: Nintendo
Many of the titles released on the predecessor were bogged down by the system’s performance capabilities, which were far weaker than home consoles and competing handheld consoles.
The Switch 2 will boost hardware and software standards in the industry. Software for the Nintendo Switch 2 is reportedly far easier to work with than the predecessor – an improvement sourced to the upgraded GPU provided by Nvidia. The facilitation on the software and increase in the Switch 2’s hardware capability will undoubtedly set a new standard in the games industry going forward.
As for GTA VI, the title has had millions in the video game community eagerly awaiting its release. GTA VI initially launches on consoles – with a PC port coming at a later undecided date. Eurogamer expects a boom in console sales during 2025, bolstered by the franchise’s tight hold it has on the industry.
The GTA franchise serves as a home for a wide audience of gamers around the world. GTA V, a title that was released over eleven years ago, still averages 100,000 concurrent players on Steam, a statistic that utilises only a single platform.
The last video games industry boom occurred during the Covid-19 pandemic. Lockdown forced people to entertain themselves indoors, resulting in a surge in video game demand and popularity.
